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pp 1-27 | Cite as

The International Legal Regime Applicable to the Mineral Resources of the Deep Seabed

  • Joanna Dingwall
Chapter
Part of the European Yearbook of International Economic Law book series

Abstract

Deep seabed mining beyond national jurisdiction may soon become a commercial reality. The deep seabed covers almost three-quarters of the entire surface area of our oceans, and it boasts an array of valuable mineral resources, including metals and rare earth elements. This article will evaluate the international legal regime, which applies to mining activities in this area. Acting under UNCLOS, the International Seabed Authority is responsible for regulating the deep seabed and granting mining contracts to allow investors to explore for and exploit deep seabed minerals. After assessing the types of mineral resources present in the deep seabed, this article will consider the key parameters of the UNCLOS deep seabed regime, including its licensing process and the extent to which actors are undertaking mining activities within the regime at present.

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Copyright information

© Springer Nature Switzerland AG 2018

Authors and Affiliations

  1. 1.University of GlasgowGlasgowUK
  2. 2.Scottish GovernmentEdinburghUK

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